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Showing 41 - 50 of 69 results for "Benari"

Challenger retail annuity sales up 8%, profit down

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... years into the 20 year retirement phase of Australia's four million plus baby boomers," Challenger chief executive Brian Benari said. "As the wealthiest generation in history, the boomers have a lot to lose, so place a very high value on capital preservation ...

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
... Court proceedings against the government. The hearing due today will no longer take place. Challenger chief executive Brian Benari said: "This is an appropriate outcome for our frail and vulnerable aged customers, who will continue to receive the means ...

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... fees payable by these clients. It expects these changes to take effect from January 2015. Challenger chief executive Brian Benari said of the decision: "The Care Annuity is central to the security and quality of life of many aged care residents. The ...

VicSuper to offer Challenger annuities

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... retirement by providing certainty of income, flexibility, and peace of mind," he said. Challenger chief executive Brian Benari said: "Challenger is pleased to have been chosen as VicSuper's first longevity solution provider, with the new guaranteed pension ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
... book growth target range to 12%-14% and cash earnings guidance to $535-$545 million." The group's chief executive Brian Benari told Financial Standard that virtually all the proceeds will be injected into the life company in a bid to capitalise on booming ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... prospects. It's time to change gears so we can capitalise on the opportunities before us," chief executive officer Brian Benari said. "Lifetime annuity sales growth has been phenomenal, hitting $613 million from only $46 million two years ago. But the ...

Challenger sees sustained interest in lifetime annuities

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... Fund annuity, which was partly offset by retail annuity net book growth of $200 million. Challenger chief executive Brian Benari said: "Retail annuity sales continue to be propelled by our product innovation and a rising number of baby boomer retirees. ...

Challenger launches new smart beta boutique

MARK SMITH  |  TUESDAY, 18 FEB 2014
... Partners managed fund business. The new fund manager, Tempo Asset Management, was revealed by Challenger chief executive Brian Benari at the group's half-year result announcement. A spokesperson for Challenger told Financial Standard the boutique will ...

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
... up 14%, translating to an unfranked interim dividend of 12.5 cents per share, up 32%. Challenger chief executive Brian Benari said: "We sold more lifetime annuities in six months than the entire 2013 year, dispelling doubt about the revival of the Australian ...

Challenger acquires SMSF business

MARK SMITH  |  MONDAY, 16 DEC 2013
... in terms of SMSF retiree research, product and service development and distribution," Challenger chief executive Brian Benari said. "While all retirees value secure income streams, SMSF retirees tend to be more aware of longevity risk. They know that ...